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Dec 7, 2012
12/12
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 4, 2012
12/12
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auto sales rebound after hurricane sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to 30,000 sales last month with as many as 30,000 vehicles needing to be replaced. the big three auto makers all posting gains in sales. general motors up 3%. ford 6.5%. and chrysler sales increased 14%. >>> drug maker pfizer is preparing to cut back its work force. the layoffs will target sales representatives who market drugs to doctors. pfizer is facing increased competition from generic drugs, particularly from the generic version of its cholesterol medication lipitor. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin
auto sales rebound after hurricane sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to...
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Dec 8, 2012
12/12
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when something like sandy he happens, right? it's fascinating to think about it. you lose power. my parents lost powers for days, and you're like, oh, right. everything about my life literally every last detail is dependent on this massive invisible infrastructure. i never think about it that a whole bunch of people are running and litigating about and legislating and regulating and making a lot of money off this massive industry that is just like huge mountain. i sit at the very top of it, and i live my life. when it goes away, what's the deal. how does my utility company actually work, and why can't they get my parents' power restored in a week? one thing positive about the fracking boom is it produced this grassroots response in which people educate themselves about the chain of production of how does a molecule of carbon go from the ground to fire up your grid so you can turn your light on. >> sandy, too. one of the other things that became very visible with the mile after mile of these poles and wires that are down, it hit you in the face that is this bha we're running the g
when something like sandy he happens, right? it's fascinating to think about it. you lose power. my parents lost powers for days, and you're like, oh, right. everything about my life literally every last detail is dependent on this massive invisible infrastructure. i never think about it that a whole bunch of people are running and litigating about and legislating and regulating and making a lot of money off this massive industry that is just like huge mountain. i sit at the very top of it, and...
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Dec 7, 2012
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chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to "hardball." today president obama took his fiscal pitch outside the beltway visiting a middle class family in the virginia suburbs. the president's message is resonating with people across america. a new quinnipiac poll proves it. 53% trust president obama and the democrats more to handle the fiscal cliff negotiations. only 36% trust the "r"s in congress. joining me is nbc chief white house correspondent and political director and host of "the daily rundown," anything else you control around here? >> that's enough. >> and "the washington post's" chris cillizza. i think you've been reupped. you're all over the place. you'
chris christie met with president obama to talk about aid following superstorm sandy. and the first family lights up their tree. now let's get you back to "hardball." >>> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that is good for families like this one and that is good for the american economy. >> welcome back to...
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Dec 4, 2012
12/12
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. >> we have chris christie here today testifying in congress about aid for victims of superstorm sandy. clearly, he's got an interest in 2016, and then there's jeb bush. aa number of the people you just mentioned have very interesting ideas about immigration and about expanding the universe of the party. not all of them but certainly bobby jindal and jeb bush and marco rubio. >> immigration and education are the two places you'll see these wan-to-be future leaders break from it. >> that does it for us for this edition of "andrea mitchell reports." tomorrow on the show maria cantwell and roger altman joining us. follow us online and on twitter @mitchellreports. hi, tamron. >> grae to see you. in the next hour we follow developing news. president obama has new words of speaker boehner and the republicans in his first tv interview since the election and since the fiscal cliff stalemate started. no deal until republicans drop the opposition to raising tax rates on the wealthy. that's the president's message. we'll play the interview for you, parts of it, and also hear from democratic congr
. >> we have chris christie here today testifying in congress about aid for victims of superstorm sandy. clearly, he's got an interest in 2016, and then there's jeb bush. aa number of the people you just mentioned have very interesting ideas about immigration and about expanding the universe of the party. not all of them but certainly bobby jindal and jeb bush and marco rubio. >> immigration and education are the two places you'll see these wan-to-be future leaders break from it....
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Dec 7, 2012
12/12
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tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play on the dollar? > > i would have exp
tim, we are being told there could be a murky jobs number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out...
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. >> the money he wants to help recover from super storm sandy. >> hi, everybody. i'm mary bull bal bubala. -- bubala. >> i'm kai jackson. here's what people are talking about. >> super storm sandy hit new jersey heights residents hard, but its residents are still slowly picking up the pieces. the state's governor paid a visit to president obama today, asking for money to help rebuild. >> reporter: the deans are packing what they can salvage from their new jersey home. >> 20 years of collectible cinderella stuff that my husband -- sorry. my husband started collecting it for me, ever since we started dating. >> reporter: everything else is lost. their seaside heights community took a direct hit from the storm, which destroyed 80% of the town. police chief thomas boyd said, with federal help, the town will rebuild. >> seaside heights is never leaving. we're going to rebuild and we're staying. >> reporter: governor chris christie worked closely with the president. now he's going to washington to ask directly for help. >> with damage like this, stretching for miles, go
. >> the money he wants to help recover from super storm sandy. >> hi, everybody. i'm mary bull bal bubala. -- bubala. >> i'm kai jackson. here's what people are talking about. >> super storm sandy hit new jersey heights residents hard, but its residents are still slowly picking up the pieces. the state's governor paid a visit to president obama today, asking for money to help rebuild. >> reporter: the deans are packing what they can salvage from their new jersey...
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Dec 5, 2012
12/12
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it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again.at but a big drop in apple shares kept the nasdaq fromains.. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. that number blows away the initial estimate of 1.9%. erika miller takes a closer look at how technology is helping to boo
it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom:...
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Dec 7, 2012
12/12
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you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are flipping through. 43,000 jobs created. anyone trying to get your kid in college, government pointed out computer systems analysts and related fields very strong demand. that fits in that professional business services. good pay in that field. let's talk about the breakdown of race. african-american unemployment went down a little bit. 13.2%. >> still way too high. >> notice the disparities between the worker groups are still a problem. structural problems there. but the african-american unemployment rate went down and that's the trend. we have two years and change now of -- month after month of solid job
you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are...
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Dec 6, 2012
12/12
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two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the breast cancer drug tests were positive, any regulatory approval wouldn't happen for at least a couple of years. three of the five most actively traded exchange traded products were up. the financial e.t.f. had the best gains, up 1.2%. and that's tonight's "market focus." >> susie: a tough day for investors in freeport mcmoran. the stock plunged 16% on news that the mining company is buying two oil and gas producers. it's paying $9 billion for plains exploration and production company and mcmoran e
two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales,...
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Dec 7, 2012
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sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are -- >> lowest unemployment rate since december '08. 7.7%. that's the unemployment rate. surprise there. i'm going to listen to the jobs part of it. >> that is unexpected. we were expecting the unemployment rate to go to 8.0, from 7.9 to 8.0. it's gone the other direction. >> 146,000 jobs created. >> double than what was expected. >> diane s wochlswonk, chief ec. 7.7% is the unemployment rate, 146,000 jobs that have been added. the estimates were completely off. what are the implications of these numbers? >> well, certainly it's reass
sandy will have had an affect on this. what we're interested to know is whether or not the fiscal cliff fears had any affect on this. was there less hiring, anybody laying off in anticipation of the fiscal cliff? that will be hard to determine. christine and i will look at the numbers when they come in to see if there's any impact of that. the affect of sandy, 86,000 fewer jobs than we otherwise would have had. we're looking at a much lower number. christine appears to have it right now. we are...
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Dec 10, 2012
12/12
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. >> by moonlight, hurricane sandy. and the potential is just being scratched. >> our weather forecasters now, by look at this new imagery are saying i can do the same kind of things at night. and that enables a whole new class of things being done. >> reporter: a lot more is being tracked by this new generation of satellites. >> we can monitor forest fires. monitor smoke plumes from those fires. and also, data is used to monitor snow packs. sea ice. >> reporter: and it does it globally. the bright spots in australia are wildfires. now from space, the impacts of people are written in light across countries and cont nents. things unseen from this vantage point in sunlight. a lot of illumination for a black marble. alex demetrick, wjz eyewitness news. >> and the new satellite is in a polar orbit and is able to scan the entire planet in just 12 passes. >>> well, can wall street start the week off on the right foodfoot? -- foot? [ stock bells ringing ] all the markets did finish in positive territory. let's take a look. dow
. >> by moonlight, hurricane sandy. and the potential is just being scratched. >> our weather forecasters now, by look at this new imagery are saying i can do the same kind of things at night. and that enables a whole new class of things being done. >> reporter: a lot more is being tracked by this new generation of satellites. >> we can monitor forest fires. monitor smoke plumes from those fires. and also, data is used to monitor snow packs. sea ice. >> reporter:...
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Dec 2, 2012
12/12
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tons of those rooms were left vacant for sandy victims and have gone unused and the taxpayers will now have to foot that bill. 73%, how many americans would rather have a cash bonus instead of a holiday work party or gift. the next best thing, a raise. finally, $20,000, that's all you have to fork over for a flash mob proposal at a fancy new york city bistro, it's being auctioned off on a website. there you go. and well, the grinch may not be the only one out trying to steal your grinch this season. holiday gifts through the mail, an opportunity too tempting for them to ignore. they're intercepting thousands of packages, walking up and grabbing them off someone's doorstep and taking it home myself. running away and identity theft expert, joins us now with how to protect yourself and your gifts this holiday season. robert, nice to see you this morning. >> good morning. >> so, let's walk through some of the tips here, first you say, install a locking mailbox at home. on the inside or outside, it doesn't matter, right? >>. >> on the outside of your home, a locking you mailbox, the postal
tons of those rooms were left vacant for sandy victims and have gone unused and the taxpayers will now have to foot that bill. 73%, how many americans would rather have a cash bonus instead of a holiday work party or gift. the next best thing, a raise. finally, $20,000, that's all you have to fork over for a flash mob proposal at a fancy new york city bistro, it's being auctioned off on a website. there you go. and well, the grinch may not be the only one out trying to steal your grinch this...
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Dec 6, 2012
12/12
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they planted it before hurricane sandy hit the east coast and it survived hurricane sandy. maybe that is a good sign it's going stick around longer than the last one did. that is what is going on down here. the perfect weather and we wanted it to be cool. again, president the and mrs. obama and the girls have not arrived yet. when they do, the first thing is to get the tree lit. keep it here on fox 5. will? >> all right, sue, thank you. >>> surprised to hear the limos lighting up. the walk across the street. the first family, after all. we'll see you soon. >>> and we do have a little tree lighting history for you. the national christmas tree was placed on the e lips back in december 1923. that was the first one. on christmas eve, president calvin coolidge walkedhouse to light the tree. see, sometimes they do walk. over the years, the national christmas tree was located in sherman park, lafayette park, and on the south lawn of the white house. in 1954, it moved back to the ellipse and the traditional christmas eve lighting was moved to earlier in december. >>> i like to hear
they planted it before hurricane sandy hit the east coast and it survived hurricane sandy. maybe that is a good sign it's going stick around longer than the last one did. that is what is going on down here. the perfect weather and we wanted it to be cool. again, president the and mrs. obama and the girls have not arrived yet. when they do, the first thing is to get the tree lit. keep it here on fox 5. will? >> all right, sue, thank you. >>> surprised to hear the limos lighting...
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still recovering from sandy. and one queens couple is especially angry at the city for what they just received in the mail. >>> president and lawmakers reach out to the business world to help sell their plans to avoid the so-called fiscal cliff. eyewitness news at 4:00 continues with denise after this. >>> it is 4:30. 55 degrees and sunny. hello. thanks for staying with eyewitness news. i'm denise koch. here's what people are talking about. we have an updet on the break -- update on the breaking news we brought you at the top of the show. a shooting at a baltimore county hospital. meganmeghan mccorkell has the latest on a shooting at the university of maryland st. joseph medical center. meghan? >> baltimore county police remain out here on the scene of university of maryland st. joseph's medical center. we're told this incident happened around 2:30 this afternoon. you can see the video from sky eye chopper 13 right here. baltimore county police officer was here inside the emergency room. we're told that he was gu
still recovering from sandy. and one queens couple is especially angry at the city for what they just received in the mail. >>> president and lawmakers reach out to the business world to help sell their plans to avoid the so-called fiscal cliff. eyewitness news at 4:00 continues with denise after this. >>> it is 4:30. 55 degrees and sunny. hello. thanks for staying with eyewitness news. i'm denise koch. here's what people are talking about. we have an updet on the break --...
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Dec 5, 2012
12/12
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CSPAN2
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obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has very unique housing requirements and also higher costs. hud has committed to in the president says they will coordinate with your efforts. >> mr. chairman, the housing program were actually looking at three pretty substantial areas. the first was the temporary sheltering and that is where maybe the home was destroyed but they couldn't get back in. they had power outages or other damages. we would provide in cooperation state request on a car share basis short-term, namely hotels, motels measured in weeks and we are extending as the states requested. the traditi
obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has...
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Dec 7, 2012
12/12
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CNBC
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no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and there is no effect which brings us to the numbers which you could believe on face value as much as you can. they'll revise this again. they only come forward with 60% to 70% of the sample. unemployment rate falling 7.7% because largely a drop in the labor force. average hourly earnings up 0.2%. despite positive headlines, xwoeld man sax says we interpret this report as one only slightly better than expected overall given downward revisions and weaker labor force and it does not change our assessment of the underlying strength of the labor market. priva
no substantive sandy in the jobs numbers. the lack of sandy effect has us scratching our heads, what they said. i just got off the phone with the guy who's the head of doing the numbers, labor numbers at the bls. he walked me through the rather extensibilive process they did fine out if there was any sandy effect, including sampling of businesses in a flood tide areas. >> it was very meticulous. >> i'm pretty convinced they did a good job figuring out if there was an effect and...
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Dec 6, 2012
12/12
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CNBC
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Dec 6, 2012
12/12
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MSNBC
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we've all seen those horrifying images from the devastation of hurricane sandy. it's not unreasonable the governor of the state of new jersey would come and say i need help. americans are going to see that. they see the republicans becoming increasingly sort of isolated and, again, it becomes this question of why are you holding the rest of us hostage for the top 2%? so the problem for the republicans is they don't have a lot of good options at this point to get themselves out of this corner. >> our power panel, my thanks to all three of you. i really appreciate your time. >> the fiscal cliff concession. are republicans getting redity wave the white flag of surrender? based on what you know, what do you think? plus why hamid karzai blames the u.s. for damage in that war torn country in an exclusive interview with nbc news. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lo
we've all seen those horrifying images from the devastation of hurricane sandy. it's not unreasonable the governor of the state of new jersey would come and say i need help. americans are going to see that. they see the republicans becoming increasingly sort of isolated and, again, it becomes this question of why are you holding the rest of us hostage for the top 2%? so the problem for the republicans is they don't have a lot of good options at this point to get themselves out of this corner....
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Dec 5, 2012
12/12
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in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome. >>> it's been a really big day in washington state tomorrow for some people because any adult there is going to be able to smoke marijuana legally. tomorrow. just a little bit, though. like an ounce, which to some people is not a little bit, but you don't need a reason. you don't need glaucoma or trouble sleeping. no medical reason at all. this might keep you awake. it is still illegal under federal law month matter whether you are in washington, colorado, which is in a month, or anywhere else. the state actually -- washington hasn't even checked yet with the feds to see how they're going to sort of deal with this lawinger
in putting in new jersey because new jersey is the 40th anniversary of bruce springsteen and because sandy affected new jersey, too. they are bouncing back, too. and the sixth -- >> maybe you'll get a sighting of chris christie, and he will swear at you. >> that's an added bonus, getting sworn at. >> in jersey, it's a badge of honor. i worked in jersey for a long time. it's great to meet you. beautiful pictures too. for more on this list, check out cnn.com. it's awesome....
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Dec 2, 2012
12/12
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CNNW
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american infrastructure was in poor shape even before sandy hit. the american society of civil engineers gives u.s. infrastructure a grade of d. guess what? energy infrastructure did a bit better. it got a d-plus. the u.s. is spending money on the electrical grids and power plants. $566 billion by 2020. but according to the american society of civil engineers, that falls short by more than $100 billion. so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me tell you, the american society of civil engineers says if you spend the $11 billion this is a multiplier effect, you get an extra $55 billion in economic output. it would protect 461,000 jobs. it would generate $73 billion in disposable personal income and create in disposable personal income. michael grunwald is the author of the new deal, the hidden story of change in the obama era. in his book, he argues for increased investment in energy infrastructure. mike, welcome to the show. you say that the electrical grid is slowly actually improving. we have any of
american infrastructure was in poor shape even before sandy hit. the american society of civil engineers gives u.s. infrastructure a grade of d. guess what? energy infrastructure did a bit better. it got a d-plus. the u.s. is spending money on the electrical grids and power plants. $566 billion by 2020. but according to the american society of civil engineers, that falls short by more than $100 billion. so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me...
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Dec 3, 2012
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victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to gloat after winning, to give the other side a high five and say good game. have we seen much of that from the winners since november 6th? nope. but no matter, being a good sport means not just being a gracious winner, it means being a good-spirited loser, even when it's hard to fee
victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for...
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Dec 2, 2012
12/12
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a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so spoke the uncle" he advocated for haitians to take control of their stories, to tell their stories "barack obama: the stories" of their lives at literature and those women, the groups of women got together and edited this that cover the three sections in. the haiti i know, the haiti i want to know, and the haiti of the future, and different women talk about theiri experiences. both in haiti. it's an tholings in english,. french, and creole. it's cross generational. we talk about the people that were there and survived it.abouh talk about the friends and neighbor, they mourn, they celebrate
a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so...
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Dec 7, 2012
12/12
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ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part somewhere else. so they are one of the worst, even worse than wal-mart in terms of what they might have contributed to to. i take it that $24,000,000,000. >> they are avoiding in taxes . >> one little tiny thing, they have had the opportunity over the courses of the years to do things in a much safer way when they manufacture in china and all over the place. >> no. there have been stories about the working conditions in china which is another reason i am glad these jobs are coming here. ruth ruth, you make a good point. i feel good about apple but we also have to change the tax laws so t
ruth is in sandy hook connecticut. >> good morning, bill. i am calling to say, please keep feeling guilty. >> why? >> because this adorable company does things to make sure that they don't pay taxes in the u.s. there is a thing called -- this was in "the new york times." it's double-dutch sandwich which reduces taxes by routing profits through irish subsidarbs like they are in i think arizona, even when they do things in california they manage to ship a part...
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david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow right now. dell, however, had a nice pop today based on what goldman sachs was saying about it. >> exactly. goldman upgrading the stock all the way to a buy from a sell. it was one of the best performers not only on the s&p 500, but also on the nasdaq 100. so dell certainly a winner today. >> and, lauren, we saw you wearing your uggs on the trading floor, deckers outdoor the maker of those boots, it's getting a nice pop. >> up more than 9%. the folks over at stern ag upping the stock to a buy but also saying the season of the ugg is going to be august of
david: sandy in for liz today, good to see you. san da: good to see you. david: jpmorgan whale trader, the senate's been investigating it. questioning as many as 80 people who may have been associated. we're expecting some breaking news any moment now about that investigation. l. >> and we'll have that for you as it comes in. david: let's go to lauren simonetti. she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow...
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Dec 3, 2012
12/12
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...
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Dec 7, 2012
12/12
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superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the wealthy and a permanent extension of the debt ceiling, the government's ability to borrow money, be part of the deal. >> he's assuming unprecedented power to spend taxpayer dollars out any limit at all. >> reporter: republicans who say they're open to raising tax revenue say they will only do so in exchange for deep spending cuts. if washington can't strike a deal, one casualty will be compensation for the long-term unemployed. that means people like linda vega, are worried. >> christmas and things of that nature are probably off the table. >> reporter: aides to president o
superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal cliff may have also had an immaterial pact. some economists believe that 200,000 fewer jobs thhave been created this year, due to uncertainty about the fiscal cliff. >> it's very important we get it done now. >> reporter: republicans and democrats are talking again. but still, no breakthrough. the parties are locked in a stalemate. president obama is demanding that higher tax rates for the...
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Dec 9, 2012
12/12
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MSNBC
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sandy hit, you have this enormous cost associated with it. he goes as governor and says i'm going to partner with the federal government to address the needs of my people in a disaster. well, hello, governor. health care is also a disaster. >> for two years in the two-year time frame, three years that the states have had to review implementing the health insurance exchanges, there's been plenty of time to put that information together. after all, there are plenty of states that have done that. i think what has happened, this becomes another way to litigate the affordable care act only the parties are already done. and the american people are done. >> ship is sailing. >> right. >> i think you know, if the president waited two years to implement sandy relief, governor christie would be really annoyed. he needs to get on with it. 100%, i think, of the cost of the medicaid expansion is borne by the federal government. >>eer going to come to this issue of medicaid on this issue. we'll bring you back and kenji we'll talk about this when we come bab
sandy hit, you have this enormous cost associated with it. he goes as governor and says i'm going to partner with the federal government to address the needs of my people in a disaster. well, hello, governor. health care is also a disaster. >> for two years in the two-year time frame, three years that the states have had to review implementing the health insurance exchanges, there's been plenty of time to put that information together. after all, there are plenty of states that have done...
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Dec 4, 2012
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mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in history both candidates have not only lost their home states but their home counties and home towns. chuck, that's remarkable. >> massachusetts, wisconsin, middlesex county, belmont, massachusetts. i guess that's what you end up having with two blue state guys running on the republican ticket. some conservatives say it doesn't matter if you get blue state guys. doesn't seem to pull off swing voters. we move on to a couple of other things here and this is something you have started doing. trying to break up the cultural differences between the two parties. counties where there are cracker barrel and w
mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in...
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Dec 6, 2012
12/12
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sandy reminded us of a very stark reality. we can either invest in protections now or we will pay more later. i would like to spend a little time talking about the mitigation issue in two areas. fema and localities and flexibility to mitigate against future disasters of we can save taxpayer money. the electric grid. on long island, public power agency long island power authority suffered unprecedented damage to an unprotected system. 4,500 polls, 400 miles of electrical line, 50 of one under 85 substations victims. 1 million people were without power. and for over two weeks the country watched as an inept and unprepared utilities struggled to even communicate let alone restore power. did not do enough target the system or flood prove substations . that type of system that allows you to use computers and sensors to respond to adages, learn where the damages and communicate with customers. the lack of investment and foresight is now costing us big-time. it does not give me pleasure to report to this committee that we will be sub
sandy reminded us of a very stark reality. we can either invest in protections now or we will pay more later. i would like to spend a little time talking about the mitigation issue in two areas. fema and localities and flexibility to mitigate against future disasters of we can save taxpayer money. the electric grid. on long island, public power agency long island power authority suffered unprecedented damage to an unprotected system. 4,500 polls, 400 miles of electrical line, 50 of one under 85...
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Dec 3, 2012
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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. >>> also ahead, help on the way to the district following superstorm sandy. >>> plus, the out of this world images that are giving us a new perspective on planet earth. >> it is really feeling like winter now. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making begin [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. >>> welcome back. it is 37 degrees out there. do not adjust your monitors. this is what it feels like after a nice stretch of spring-like weather. tom telling us more about our forecast. >> we're in the 20s, much of the region under a clear sky. prince george's county bright and sunny by 7:00 this morning, but still going to be around freezing. for the lunch hour, only around 40 degrees there. here is the hour by hour forecast for the whole regio
. >>> also ahead, help on the way to the district following superstorm sandy. >>> plus, the out of this world images that are giving us a new perspective on planet earth. >> it is really feeling like winter now. [ boy 1 ] hey! that's the last crescent. oh, did you want it? yea we'll split it. [ female announcer ] made fresh, so light, buttery and flakey. that's half that's not half! guys, i have more! thanks mom [ female announcer ] pillsbury crescents. let the making...
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Dec 6, 2012
12/12
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i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserve
i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style....
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figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way out of this. so i do think it will gradually get better. it's still going to take several years to get back to normal, but barring shooting ourselves in the foot, barring something really bad happening out of europe, i think it will get better between now and sometime next year. >> can we talk about these people dropping out of the labor force? why? you said more than normal couldn't get to work. but why are wepeople dropping o? what are some of the factors causing them to drop out? >> well, we're seeing a couple of things happen. one is the natura
figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way...
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Dec 10, 2012
12/12
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FBC
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 4, 2012
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. >>> superstorm sandy victims ripping into female. fema. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury, seek immediate medical help for an erection lasting more than four hours. stop taking viagra and call your doctor right away if you experience a sudden decrease or loss in vision or hearing. this is the age of taking action. viagra. talk to your doctor. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >> the
. >>> superstorm sandy victims ripping into female. fema. ♪ [ male announcer ] you've reached the age where you don't back down from a challenge. this is the age of knowing how to make things happen. sowhy let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects...
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Dec 3, 2012
12/12
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CNBC
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 10, 2012
12/12
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. >> they have a leave for safety reasons during super storm sandy. when they left behind wasn't safe at all. tell but that 20 minutes to the top of the hour. new trident layers juicy berry + tangy tangerine ride to mouth fun-town. d but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal folks spend all year waiting for. in stuffing and more, the secret is swanson. this bible changed the world. i'm kirk cameron. four hundred years ago our forefathers risked their lives to bring this bible to the shores of america. because it contained the principals for economic liberty, political liberty and religious freedom. the 1599 geneva bible. it was the first complete english translation, complete with chapters, numbered verses and 300,000 utterly unique study notes. it actually came out before the king james version and because the government didn't authorize it
. >> they have a leave for safety reasons during super storm sandy. when they left behind wasn't safe at all. tell but that 20 minutes to the top of the hour. new trident layers juicy berry + tangy tangerine ride to mouth fun-town. d but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. you spend all day cooking it. so why spend even a moment considering any broth but swanson? the broth cooks trust most to make the meal...
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Dec 4, 2012
12/12
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CNBC
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over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a deal? >> i'm concerned about it. the good news is everybody sees this as an opportunity to really show american global leadership. the rest of the world is all messed up on this. we can show them how to get it done. they've also all agreed on the three buckets, that being revenues, entitlements, and spending reductions. the bad news is they haven't agreed on how much into each bucket. and i don't think they're trying to create a win/win for each other. most good negotiations, you try to help the other person come out with a win. i don't see that here. >> you h
over the last month, despite hurricane sandy, it is still up 5%. but would going over the fiscal cliff hurt or derail the insurance giant as many expect it to derail business in general? joining me now is the chairman and ceo of allstate. thank you for joining us. president and congressional leaders are meeting with state governors today. you're one of the ceos who met at the white house with some of your other colleagues in business. what's your stance of where we are right now in terms of a...
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Dec 6, 2012
12/12
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CNBC
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it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally, zynga. take a look at shares. they are up nearly 7% because they filed for a gambling license. that is right. the virtual game company wants to become a real poker company. let's bring in julia boorstin with more on this zynga story. seems like if they get it, a completely transformative thing. >> it would be transformative and zynga's definitely pushing forward with its plans to eventually make money from online gambling but the key thing here is that this is really a ways off. the stock soared as much as 9% higher this morning after it came out that zynga applied for rea
it actually blamed the fiscal cliff in part, as well as super storm sandy. the ceo said consumers were distracted by the cliff. the storm and the election. staying with clothing, vera bradley -- well, handbags. those shares also tanking and they are blaming sandy as well but also noted their holiday season is off to a slow start. jeffri jeffries raising the tart fro tm $22 to $20. not all bad news. finisar, higher demand for tranceivers. what else? the stock down 17% year to date. finally,...